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Jan 31, 2013
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. >> obviously democrats would prefer a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government but a short term solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on its obligations as early as mid-february. in economic news, americans' personal income grew in december, by the most in eight years. but first-time claims for jobless benefits were up last week. and on wall street today, the dow jones industrial average lost nearly 50 points to close at 13,860. the nasdaq fell a fraction of a point to close at 3,142. blinding snowfall and a slick freeway triggered a mile-long series of crashes in detroit today. at least three people were killed and 20 more injured. the pileups left a section of interstate 75 littered with wrecked cars and big-rig trucks. the tangle involved some 30
. >> obviously democrats would prefer a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government but a short term solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on...
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the bill requires the democratic controlled senate to pass a formal budget in exchange for the debt ceiling height. something it has not done in four years. if the senate is not successful members of congress, well, they will get paid. fox's chief political correspondent carl cameron has more. >> senators approve the already house passed a budget no paypall suspending the current debt ceiling of $16 trillion through mid may when the debts estimated to be four under and $50 billion more. the house and senate will have to pass budgets by mid april or member paychecks will be withheld. >> raising the possibility of the united states the faulting on its obligations every few months is not an ideal way to run government. but a short-term solution is better than another eminent manufactured crisis. lori: house republicans have passed budgets during the obama era and credit is salary threats of senate democrats who have not do so this year. republicans tried to pass amendments that would prioritized payments when cash runs short to pay interest first and then social security and active-duty milita
the bill requires the democratic controlled senate to pass a formal budget in exchange for the debt ceiling height. something it has not done in four years. if the senate is not successful members of congress, well, they will get paid. fox's chief political correspondent carl cameron has more. >> senators approve the already house passed a budget no paypall suspending the current debt ceiling of $16 trillion through mid may when the debts estimated to be four under and $50 billion more....
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Jan 31, 2013
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. >> obviously democrats would prefer a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government but a short term solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on its obligations as early as mid-february. in economic news, americans' personal income grew in december, by the most in eight years. but first-time claims for jobless benefits were up last week. and on wall street today, the dow jones industrial average lost nearly 50 points to close at 13,860. the nasdaq fell a fraction of a point to close at 3,142. blinding snowfall and a slick freeway triggered a mile-long series of crashes in detroit today. at least three people were killed and 20 more injured. the pileups left a section of interstate 75 littered with wrecked cars and big-rig trucks. the tangle involved some 30
. >> obviously democrats would prefer a longer suspension of he debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility that the u.s. could default its obligations every few months is not an ideal way to run government but a short term solution is better than another imminent manufactured crisis. >> holman: the house already passed the bill. without it, the government would default on...
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Jan 31, 2013
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it is set to vote on a bill to athe debt ceiling to keep going up through the middle of may had a would delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30 hours. neighbors of the man describe him as a loner and survivalist who distrust it is government. you can count on news4 for updates it is a story continues to unfold. >>> metro says it may need to review its procedures with d.c. fire after a chaotic evening commute. an insulator started smoking on the green line and the emergency responder cut the wrong electricity source. that left two trains stopped for hours between the anacos
it is set to vote on a bill to athe debt ceiling to keep going up through the middle of may had a would delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus...
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Jan 27, 2013
01/13
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house republicans agreeing to suspend the debt ceiling in exchange for senate democrats agreeing to pass a budget. all this comes as deputy -- as defense secretary leon panetta prepares to retire and former nebraska senator chuck hagel awaits senate confirmation to take his place. carter served for more than two years as the defense acquisition chief where he drove acquisition logistics and efficiency reforms becoming deputy secretary in october 2011. dr. carter great to have you back. >> thanks, good to be here with you vago. >> something that's been making headlines is secretary panetta changing the guidance to allow women to serve in combat roles that had been closed to them at one point on a standards based sort of way. but physical fitness standards aren't the same for both sections. are you guys -- sexes. are you guys going to have to establish new standards to make sure they are up for the task? >> we're not going to change standards that matter for war fighting capability. and 237,000 now positions that used to be closed to women will now be presumptivively open to women. we are
house republicans agreeing to suspend the debt ceiling in exchange for senate democrats agreeing to pass a budget. all this comes as deputy -- as defense secretary leon panetta prepares to retire and former nebraska senator chuck hagel awaits senate confirmation to take his place. carter served for more than two years as the defense acquisition chief where he drove acquisition logistics and efficiency reforms becoming deputy secretary in october 2011. dr. carter great to have you back. >>...
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Jan 24, 2013
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. >> reporter: the debt ceiling suspension came with a couple strings attached. if senate democrats don't pass a budget-- something they haven't done for four years-- members of congress won't get paid until they do. >> this bill simply says, "congress, do your job." when i grew up in wisconsin, if you had a job and you did the work, then you got paid. if you didn't do the work, you didn't get paid. it's that simple. >> house democrats called the pay ploy a gimmick and said a 90 day reprieve from default simply moves the crisis back. >> for the last two years, we've heard from our republican colleagues economic uncertainty is bad for the economy. guess what? it is. and yet that's exactly what you are doing. another big dose of economic uncertainty. >> reporter: republicans shifted gears on the debt ceiling after a strategy session last week. worried that they have lost the public debate, republicans were clearly trying out a new message today. >> balancing the budget over the next ten years means we save the future for our kids and our grandkids. it also means th
. >> reporter: the debt ceiling suspension came with a couple strings attached. if senate democrats don't pass a budget-- something they haven't done for four years-- members of congress won't get paid until they do. >> this bill simply says, "congress, do your job." when i grew up in wisconsin, if you had a job and you did the work, then you got paid. if you didn't do the work, you didn't get paid. it's that simple. >> house democrats called the pay ploy a gimmick...
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Jan 24, 2013
01/13
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the speaker, house republicans demand democrats coming together to pass the debt ceiling extension. and a balanced budget in ten years? too good to be true? [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. ♪ lou: the house passing a three month extension of the debt ceiling. favorable reviews from both the president and the senate leaders. the "a-team" on a suddenly cooperative government or at least an episode of cooperation. we will be taking that up with the next. stocks moving higher. good earnings from ibm come mcdonald's, with the dow and s&p climbing to new five-year highs. ibm accounting for 66 of the dow's 67 points a game today. the s&p up, the nasdaq ten and a half. ten and a half bill
the speaker, house republicans demand democrats coming together to pass the debt ceiling extension. and a balanced budget in ten years? too good to be true? [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred...
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Jan 31, 2013
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it's set to vote on a bill that would allow the debt ceiling to keep going up through the middle of may. that would delay the expected shutdown -- rather, showdown between democrats and republicans over spending cuts. the house passed the bill last week. president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long
it's set to vote on a bill that would allow the debt ceiling to keep going up through the middle of may. that would delay the expected shutdown -- rather, showdown between democrats and republicans over spending cuts. the house passed the bill last week. president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's...
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Jan 24, 2013
01/13
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the speaker, house republicans demand democrats coming together to pass the debt ceiling extension. and a balanced budget in ten years? too good to be true? the "a-team" is next. ♪ ♪ lou: the house passing a three month extension of the debt ceiling. favorable reviews from both the president and the senate leaders. the "a-team" on a suddenly cooperative government or at least an episode of cooperation. we will be taking that up with the next. stocks moving higher. good earnings from ibm come mcdonald's, with the dow and s&p climbing to new five-year highs. ibm accounting for 66 of the dow's 67 points a game today. the s&p up, the nasdaq ten and a half. ten and a half billion shares traded. after the closing bell, apple disappointed. hitting earnings targets, but believe it or not missing revenue expectations with a record fourth quarter revenue. the stock trading well below $500 per share in after hours. netflix giving its shareholders reason to cheer. expected to report a loss of $0.13 per share. instead, it reported a profit of $0.13 per share, and the stock up more than 30% r
the speaker, house republicans demand democrats coming together to pass the debt ceiling extension. and a balanced budget in ten years? too good to be true? the "a-team" is next. ♪ ♪ lou: the house passing a three month extension of the debt ceiling. favorable reviews from both the president and the senate leaders. the "a-team" on a suddenly cooperative government or at least an episode of cooperation. we will be taking that up with the next. stocks moving higher. good...
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Jan 31, 2013
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. >> obviously democrats would prefer a longer suspension of the debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility the united states could default on its obligations every few months is not an ideal way to run government but a short-term solution is better than another imminent manufactured crisis. >> reporter: there will be a whole bunch of amendments proposed today. one would offset every dollar of increased borrowing with spending reductions. another would add 120 day extension to any possible government shutdown threat in the future to give lawmakers to avoid type of bloated bills that get passed in the dead of night and increase the deficit, debt and spending. all the amendments are expected to be defeated and the measure is expected to pass and as for that member pay, folks shouldn't think lawmakers are making too much of a sacrifice. there is constitutional amendment says senators and house members have to be paid. their salaries would be delayed, not denied. jenna: do we have such a
. >> obviously democrats would prefer a longer suspension of the debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility the united states could default on its obligations every few months is not an ideal way to run government but a short-term solution is better than another imminent manufactured crisis. >> reporter: there will be a whole bunch of amendments proposed today. one would...
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Jan 24, 2013
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the debt ceiling is the limit on how much the feds can borrow. republican leaders were refusing to raise it without an equal amount of spending cuts. but the bill they just passed has a new ultimatum for the house and the senate. no budget, no pay. carl cameron in the d.c. newsroom tonight. how is this supposed to break the gridlock? >> hey, shep. it's basically a two-part deal. the first says by april 15th, both the house and the senate each have to pass a budget that balances in 10 years. should either chamber fail then its members paychecks can't be delayed. they can't stop it constitutionally they have to get paid. the other part suspends enforcement of the federal debt limit until may 19th, at which point it will increase retroactively without any offset in spending cuts. here is how speaker john boehner summed it up today. >> you know, the premise here is pretty simple. it says that there should be no long-term increase in the debt limit until there is a long-term plan to deal with the fiscal crisis that faces our country. >> and now the de
the debt ceiling is the limit on how much the feds can borrow. republican leaders were refusing to raise it without an equal amount of spending cuts. but the bill they just passed has a new ultimatum for the house and the senate. no budget, no pay. carl cameron in the d.c. newsroom tonight. how is this supposed to break the gridlock? >> hey, shep. it's basically a two-part deal. the first says by april 15th, both the house and the senate each have to pass a budget that balances in 10...
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Jan 24, 2013
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no budget, no pay. >> in the spotlight tonight, debt ceiling magic. that was house speaker john boehner after the house passed a bill making the debt ceiling disappear until may 18th, without cutting any federal spending. the stupidly named and conceived "no budget, no pay act" passed with a vote. 33 republicans voted against the bill, 199 voted for it. 86 democrats voted for the bill, 111 democrats voted against it. not only will the no budget, no pay act suspend the debt ceiling for about three months, it also requires the house and senate to pass budget resolutions by april 15th, and if they don't, representatives and senators will not get paid, which is of course, wildly unconstitutional. the 27th amendment prohibits congress from modifying their own paychecks in any way. they can vote to change the pay for future congress only, but republicans passing an unconstitutional bill, while at the same time relieving the pressure on the debt ceiling was welcomed by some democrats as republicans moving from out-right crazy to half-crazy. >> i'm not sure w
no budget, no pay. >> in the spotlight tonight, debt ceiling magic. that was house speaker john boehner after the house passed a bill making the debt ceiling disappear until may 18th, without cutting any federal spending. the stupidly named and conceived "no budget, no pay act" passed with a vote. 33 republicans voted against the bill, 199 voted for it. 86 democrats voted for the bill, 111 democrats voted against it. not only will the no budget, no pay act suspend the debt...
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Jan 25, 2013
01/13
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forced the democrats to increase the debt ceiling and start to win over the public. david: one other thing that is extraordinary, how? you have a media that allows statements such as the following. this is a statement that was made back in 2011 about the 2000 volt budget. this budget includes a five-year non security discretionary spending freeze, reducing the deficit and this will bring spending to the lowest level since president eisenhower sat in the oval office. statements like this are so far removed from the truth. in fact, this president has increased spending to 25 percent of gdp, whereas it was 20 percent of the bush ministration. it was 16 percent under eisenhower. so they say these things and the press does not correct in. have you went public opinion that that? >> i think that was set on saturday night live, was the? david: no. taken seriously. >> well, first, you get a spokesman. the "wall street journal" said the other day, each house should get a spokesman. a spokesperson. one voice speaking for the leaders instead of having to and people go at once. a
forced the democrats to increase the debt ceiling and start to win over the public. david: one other thing that is extraordinary, how? you have a media that allows statements such as the following. this is a statement that was made back in 2011 about the 2000 volt budget. this budget includes a five-year non security discretionary spending freeze, reducing the deficit and this will bring spending to the lowest level since president eisenhower sat in the oval office. statements like this are so...
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Jan 25, 2013
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look there's a reason why the republicans in the white house caved on the debt ceiling. the public is not with them on these issues. >> don't know. kate, you have a little different view. i think republicans now back in the driver's seat because they cooperated on raising the debt ceiling. they forced the senate democrats to put up a budget. the next thing will be the continuing resolution, short term spending cuts. i think the gop by stopping taxes is back in play, they are back in play. >> i love your optimism, larry. i wish i could be jumping up and down with you. but i'm afraid the republicans are in full retreat. i'm hoping -- i know they won't agree to this tax increase. the senator is absolutely right. but the problem is the democrats are using this as another opportunity to put republicans of throwing granny off the cliff, caring only about their millionaire and billionaire buddies. patty murray said we'll put it on the people who best can afford it. it worked for president obama, the democrats, like the cbs news political director said is to go for the jugular,
look there's a reason why the republicans in the white house caved on the debt ceiling. the public is not with them on these issues. >> don't know. kate, you have a little different view. i think republicans now back in the driver's seat because they cooperated on raising the debt ceiling. they forced the senate democrats to put up a budget. the next thing will be the continuing resolution, short term spending cuts. i think the gop by stopping taxes is back in play, they are back in play....
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Jan 26, 2013
01/13
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he meant it to sound reassuring to conservatives, like that is fine, we don't need the debt ceiling, we have the big spending cuts, democrats will never allow those. i can't see why they're reassured. to see this as a deal, you have to remember where they were when they created the cuts in the first place, back in the 2011 fight. the way we got out of that mess, we kicked the can down the road and formed the super committee. you remember the super committee, the bipartisan group of legislators are charged with finding 1.2 trillion in deficit reduction, that was plan b to the super committee, if they failed, which they did, the sequester would cut the deficit by the same 1.2 trillion, but it would do it right away, and in such a mindless, painful dumb way that neither party could live with it. it was meant, then to force the parties to make the deal. punishment. and that was an obvious design, you build half the sequester out of tax increases, which republicans hate, and then the other out of spending cuts which democrats hate. but republicans refused to vote for anything with taxes i
he meant it to sound reassuring to conservatives, like that is fine, we don't need the debt ceiling, we have the big spending cuts, democrats will never allow those. i can't see why they're reassured. to see this as a deal, you have to remember where they were when they created the cuts in the first place, back in the 2011 fight. the way we got out of that mess, we kicked the can down the road and formed the super committee. you remember the super committee, the bipartisan group of legislators...
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Jan 24, 2013
01/13
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they said they were going to fight president obama on the debt ceiling. they voted 285-144 to say they will not fight. now there are other provisions in there that we will talk about as well, but that's the main heart of it. they moved that to may 18th. don't think they're not going to fight over the budget. they are. there are two others opportunities for it. the sequester comes in march 1st. they'll make a huge sting out that have and then the budget is on april 15th. there will be two more fights before we get back from the debt ceiling. why did they do this? i'll bring in a couple of guests to sort that out. first of all grace she wrote a very good piece about that today. and our own political correspondent michael shure and he joins us here. grace, i have a theory, and i'm going to read a quote from chris chocola. he said, the club for growth will not oppose tomorrow's vote on the debt ceiling. the club for growth will, on the other hand, strongly oppose any efforts during the upcoming debate over the continuing resolution and sequester that fail to
they said they were going to fight president obama on the debt ceiling. they voted 285-144 to say they will not fight. now there are other provisions in there that we will talk about as well, but that's the main heart of it. they moved that to may 18th. don't think they're not going to fight over the budget. they are. there are two others opportunities for it. the sequester comes in march 1st. they'll make a huge sting out that have and then the budget is on april 15th. there will be two more...
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Jan 31, 2013
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if we have no spending problem, why do we need to extended debt ceiling. why do we need more money? >> the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history. yet we've got the slowest recovery of any recovery in history. i spent last summer going around my state talking to small businesses, dozens of them. it's very clear to me what is happening now. they were already beginning to pull back because of the expected costs of obamacare. the dodd-frank legislation that was federal takeover of financial system is making it harder for businesses to get loans. you look at the expected tax increases which businesses we're trying to plan for. uncertainty goes back to the president's policies. it's not obstruction, i wish we had more of it. policies in place are hurting our economy. even more than that, the uncertainty from the mounting debt on individual americans is putting us in a position where it's going to be harder to dig out of it. >> gret
if we have no spending problem, why do we need to extended debt ceiling. why do we need more money? >> the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history. yet we've got the slowest recovery of any recovery in history. i spent last summer going around my state talking to small businesses, dozens of them. it's very clear to me what is...
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Jan 28, 2013
01/13
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and i should add to that, a constitutional crisis in a way because this whole debt ceiling has been a weapon that the house of representatives have used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. i don't know how it the play out. >> meanwhile, the marketses are on fire. the s&p 500 hitting a new five-year high along with the dow jones industrial average. what is driving the stocks and do you think it's sustainable for the year? >> the part of it that i understand is that some of the risk has been pulled out of the market. so most recently that the u.s. has got three months before the next thing happening. some of the risks. and maybe just the election was determined and people aren't necessarily happy, some are, some aren't. but it's solved. take some uncertainty away. markets don't like uncertainty. so even though it wasn't very likely the european would fall apart, even though it wasn't very likely the u.s. would fall on its debt, pulling it out of the equation lifted markets a lot. >> meanwhile, new appointment, in the ob
and i should add to that, a constitutional crisis in a way because this whole debt ceiling has been a weapon that the house of representatives have used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. i don't know how it the play out. >> meanwhile, the marketses are on fire. the s&p 500 hitting a new five-year high along with the dow jones industrial average. what is driving the stocks and do you think it's sustainable for the...
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Jan 28, 2013
01/13
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and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. >> meanwhile, these markets are on fire. another good week for the market. the s&p 500 hitting a new five-year high. what is driving stocks? and do you think it's sustainable for the year? some of the risk has been pulled out of the of the market. so the most recent is three months. some of the ris ks. and maybe just that the election isn't determined. maybe some are happy. some are, some aren't. but it's solved. markets don't like uncertainty. so even though it wasn't very likely the european union would fall apart, even though it wasn't very likely the u.s. would fall on its debt, i think that lifted markts a lot. >> meanwhile, new appointments in the obama administration. timmy geithner, the last day was on friday. i want to ask you about his successor. he's certainly served during a tumultuous time. >> if i'm going to give him
and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. >> meanwhile, these markets are on fire. another good week for the market. the s&p 500 hitting a new five-year high. what is driving stocks? and do you think it's sustainable for the year? some of the risk has been pulled out of the...
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Jan 31, 2013
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and republicans agreed to that 2011 debt ceiling with that set in motion, more than $500 billion in defense cuttings and whatever. it's the selective mind of everybody, you know, this is -- this is you know, if the defense -- if the -- if the defense cuts are contributing to this, or anything, have you to look at the fact who, agreed to it. it was both parties. >> you are absolutely right. also, i think that -- mr. carney needs to understand that the whole term of sequester emanated out of the white house. and so, we have to start sitting down and saying, look, the direction we are going is not right. what do we need do as far as the personal income tax rate so we can stimulate growth, especially for the small businesses, sub-chapter "s." we saw an incredible selloff in december because people were concerned about the increase in the dividend tax rate. we have to start looking at our regulatory policy. already being we have seen 5,700 pages of new regulations from the federal government. that's going to affect the growth of this economy. we have to get the right type of monetary pol
and republicans agreed to that 2011 debt ceiling with that set in motion, more than $500 billion in defense cuttings and whatever. it's the selective mind of everybody, you know, this is -- this is you know, if the defense -- if the -- if the defense cuts are contributing to this, or anything, have you to look at the fact who, agreed to it. it was both parties. >> you are absolutely right. also, i think that -- mr. carney needs to understand that the whole term of sequester emanated out...
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ceiling but this much despite making the history books for all the wrong reasons power in washington not ship during the november elections president is still the same senator still democratic and the house is still republican makes it hard to imagine that things will change much even with a new legislature sworn in last month from washington on r.t. that does it for now for more on the star's recovery go to youtube dot com slash our to america dot com slash usa so your day. here is mitt romney trying to figure out the name of that thing that we americans call. i don't want. to. be the guy who cares about what you. are you know what that is my parents. want to defeat terrorism the on. the crime. bill a lot of the girls are going to distract us from what you and i should care about because they're profit driven industry that's over from facials that garbage you call that breaking news i'm having martin and we're going to break that. welcome to the kaiser report i'm max kaiser you know what's wrong with this economy it's all built on a foundation of saying yes the united states is an e
ceiling but this much despite making the history books for all the wrong reasons power in washington not ship during the november elections president is still the same senator still democratic and the house is still republican makes it hard to imagine that things will change much even with a new legislature sworn in last month from washington on r.t. that does it for now for more on the star's recovery go to youtube dot com slash our to america dot com slash usa so your day. here is mitt romney...
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Jan 24, 2013
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for spending cuts for every dollar in debt ceiling raised. that is not what you got this time. and you have put the focus on senate democrats, a political tactic, perhaps a very successful one. but is that really a tactical retreat? >> i don't think so at all, chuck. and i was curious to hear steny's comments about this being a gimmick. 86 democrats supported the bill that we had on the floor yesterday, the no budget, no pay, so clearly they didn't think it was a gimmick. this was a bipartisan effort. look, if you look at the goal, we've got to get our fiscal house in order, we've got to balance the budget, and in order to do that, the senate actually has to produce a budget, which they haven't done in nearly four years. the house has had budgets for each of the last two years that actually get to balance. so what we did, in this bill, is to say to the senate, look, you've got to do a budget. families do budgets, businesses do budgets, employers do budgets. the senate has not done a budget in nearly four years, so this is the challenge for th
for spending cuts for every dollar in debt ceiling raised. that is not what you got this time. and you have put the focus on senate democrats, a political tactic, perhaps a very successful one. but is that really a tactical retreat? >> i don't think so at all, chuck. and i was curious to hear steny's comments about this being a gimmick. 86 democrats supported the bill that we had on the floor yesterday, the no budget, no pay, so clearly they didn't think it was a gimmick. this was a...
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Jan 24, 2013
01/13
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FBC
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we can get through this preliminary skirmish by putting off the debt ceiling for four months or three months, but in the and we're still going to have a budget fight about what is actually in the budget. that is still to come. gerri: to you. >> the good news is we have two other opportunities in which we can address the spending problem. the debt problem of the half. on march 1st the sequester cuts, the automatic spending cuts come into affect. people hold the line, those will be -- [talking over each other] >> a little bit. less than half. that can be adjusted later with an emergency supplemental if there are serious problems. secondly, march 27 the government runs out of money because we have not had the budget the last three or four years. really been operating by continuing resolutions that continue spending at the same level. their i think republicans are on strong ground saying we need to have spending cuts your. not just the rich but social security payers. so i think this is only the third option that we are going to have the debt ceiling. gerri: you're telling me my life coul
we can get through this preliminary skirmish by putting off the debt ceiling for four months or three months, but in the and we're still going to have a budget fight about what is actually in the budget. that is still to come. gerri: to you. >> the good news is we have two other opportunities in which we can address the spending problem. the debt problem of the half. on march 1st the sequester cuts, the automatic spending cuts come into affect. people hold the line, those will be --...
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Jan 31, 2013
01/13
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at the debt ceiling with hemming and hawing but at last minute people got together. is it the same thing? >> i hope so. i'm working with a bunch the folks, part of the no labels group. republicans and democrats get together, talk about solutions. trying to figure out is there a different way to go. i don't think tax reform should be dead on the table. corporate america is really trying to get behind this. the committee for responsible federal budget is all over trying to get us to address the real meaningful issues of revenue reform in our country. same thing on entitlement side. a lot of americans want to pretend there is no problems with social security and med tear -- medicare but they're in danger not being there for our kids and grandkids. in the bowles-simpson report we should be talking about in constructive manner. melissa: nobody really wants to do. >> they don't want to do it. melissa: paul ryan comes out and makes it sounds like republicans are really willing to go ahead with the sequestration. i think that might be the truth. i mean i don't think that's a
at the debt ceiling with hemming and hawing but at last minute people got together. is it the same thing? >> i hope so. i'm working with a bunch the folks, part of the no labels group. republicans and democrats get together, talk about solutions. trying to figure out is there a different way to go. i don't think tax reform should be dead on the table. corporate america is really trying to get behind this. the committee for responsible federal budget is all over trying to get us to address...
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Jan 31, 2013
01/13
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MSNBCW
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threaten something on the debt ceiling, which for them would be worse. >> one of the things that hasn't changed since the republicans saying these job numbers are terrible. we're going to keep cutting medical they get even worse. >> so in terms of the big battle and any kind of possible grand bargain, you think that's over continuing resolution and budget numbers? >> yeah. well, i mean, the first thing that comes up time-wise, is on march 1st we have to deal with the sequester because the republicans reordered the way that these things are going to fall on the calendar. the sequester is those automatic spending cuts. billions -- tens of billions of dollars just this year in spending cuts. the republicans would like to have some kind of spending cut win this year, and that might be their only opportunity to get one, so you can see them hunkering in and saying, you know, we're going take the hit on defense spending cuts, but we're going to get spending cuts here by hook or by crook, and for democrats they might say, you know, we would rather lose this fight than have to do this all over a
threaten something on the debt ceiling, which for them would be worse. >> one of the things that hasn't changed since the republicans saying these job numbers are terrible. we're going to keep cutting medical they get even worse. >> so in terms of the big battle and any kind of possible grand bargain, you think that's over continuing resolution and budget numbers? >> yeah. well, i mean, the first thing that comes up time-wise, is on march 1st we have to deal with the sequester...
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Jan 29, 2013
01/13
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FOXNEWS
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if you go back to the debt ceiling fight, one of the things that angered the white house was republicans were saying, repeatedly, the president hasn't put forth a plan. wais his plan to cut spending? the answer was, you are just spouting fox talking points. that's when they get mad. when you ask them for substantive commitment on an issue, which is what you have seen the last few weeks. >> we call the democratic party every night. congressman will come on -- congressman van hollen. but what i hear from some when they pull me aside, not those two, but some is that they get into trouble with their leadership if they come on fox. there is peer pressure within the democrats. >> i mean, there is all sorts of enforcement mechanisms for each party. parties have constituencies, democratic party, organized labor, they don't like to cross those constituencies, so they often accuse the other party of being too cowardly. >> i guess i haven't been in the criminal courts where there is a really strong debate -- it's sort of stunning to me that members of a party wouldn't go on ms-nbc or here or cnn. i
if you go back to the debt ceiling fight, one of the things that angered the white house was republicans were saying, repeatedly, the president hasn't put forth a plan. wais his plan to cut spending? the answer was, you are just spouting fox talking points. that's when they get mad. when you ask them for substantive commitment on an issue, which is what you have seen the last few weeks. >> we call the democratic party every night. congressman will come on -- congressman van hollen. but...
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Jan 29, 2013
01/13
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FOXNEWS
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networks and if you go back to the debt ceiling fight. one. things that angered the white house was republicans were saying repeatedly, the president hasn't put forth a plan. what is his plan to cut spending and the answer was, well, you're just spouting fox talking points and that's when you get mad. when you ask them for some substantive commitment on issues what you've seen in the last few weeks. >> we call members of the democratic party every single night. the congressman rupert will come on and congressman ben holland. but it's sort of what i hear from some when they pull me aside, not most, but some is that they get into trouble with their leadership if they come on fox. that there's sort of peer pressure within the democrats. >> well, there's all sorts of enforcement mechanisms for each party, no doubt. parties have the constituencies and organized labor is one of them they don't like to cross the constituencies, what they often do is accuse the other party to be too cowardly to cross their own constituency. >> i guess they've bee
networks and if you go back to the debt ceiling fight. one. things that angered the white house was republicans were saying repeatedly, the president hasn't put forth a plan. what is his plan to cut spending and the answer was, well, you're just spouting fox talking points and that's when you get mad. when you ask them for some substantive commitment on issues what you've seen in the last few weeks. >> we call members of the democratic party every single night. the congressman rupert will...